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700 E Algonquin Rd
700 E Algonquin Rd, Schaumburg, IL 60173, USA

House for rent
Monthly rent
$2,311–$3,319
Beds1–2
Baths1–2
Sqft725–1,130
modified
1 Day Ago

Property Overview

Conveniently situated near public transportation and a highly rated middle school, with free parking and a clubhouse, the community offers strong everyday practicality. A high value-per-square-foot ranking and extensive photo set help renters quickly understand quality and finishes. On-site pool or spa, fitness center, and HVAC, plus multiple nearby grocery stores, support fitness and wellness-focused living.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Middle school nearby
  • Dishwasher
  • Elevator

Great for

  • Wellness

Units

700 E Algonquin Rd Schaumburg, IL

New Listing

2312

1 Bed

1 Bath

$2,311

Listed on 05/02/2026
Listed by Cathleen Simboli
Days on market: 2
Property Status: Active Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This one bedroom, one bath unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or enjoy a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness ctr with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages available. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units avail. Short term leases available. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Pricing can vary based on lease term & move-in date, subject to change without notice. Call or text listing agent for tour! Office Phone: (847) 917-3395 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

2213

2 Beds

2 Baths

$3,319

Listed on 03/28/2026
Listed by Cathleen Simboli
Days on market: 36
Property Status: Active Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This 2 bedroom/2 bath unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or play a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness center with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages avail. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units available. Short term leases avail. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Prices can vary based on lease term & move-in date, subject to change without notice. Office Phone: (847) 917-3395 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 700 E Algonquin Rd

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • On-Site Laundry
  • Garage Parking
  • Residents Lounge
  • Elevator
  • Swimming Pool
  • Outdoor Space
  • Fitness Center
  • Wheelchair Accessible
  • Storage
  • On-Site Management
  • Roof Deck
Unit Amenities
  • In-Unit Laundry
  • Walk-In Closets
  • Dishwasher
  • On-Site Laundry
  • Balcony
  • Air Conditioning
  • Ceiling Fan
  • Carpet
  • Fireplace

Policies at 700 E Algonquin Rd

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 700 E Algonquin Rd

HomeHouses in Schaumburg 700 E Algonquin Rd #2312, Schaumburg, IL 60173, USA

Interested in leasing 700 E Algonquin Rd, Schaumburg, IL 60173, USA? Currently, 700 E Algonquin Rd, Schaumburg, IL 60173, USA is available to rent or lease. It is a 1-bedroom house with 1 bathroom. Below, you can compare the rent price at 700 E Algonquin Rd, Schaumburg, IL 60173, USA vs overall rent prices in Schaumburg, IL. We have compiled nearby businesses and things to do close to 700 E Algonquin Rd, Schaumburg, IL 60173, USA.

Address details

Units52
Units available2
City
Zip code60173

700 E Algonquin Rd #2312 is great for:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • There are 4 grocery stores within 1 mile
  • On-site pool or spa

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 700 E Algonquin Rd, Schaumburg, IL 60173, USA compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.3 mile away
Dishwasher
Kitchens at this address include dishwashers
Elevator
Improved accessibility features
Images available
There are at least 10 photos of this address
Walk-in closet
Rentals here may include more closet space than average

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Schaumburg

1-bedroom apartments here are priced 16% higher than 1-bedrooms in Schaumburg.

If you decide to upgrade your space, you can expect 2-bedrooms at 700 E Algonquin Rd #2312 to be 45% more than the average for similarly sized apartments in Schaumburg.

Median rents as of May 2 2026.
Schaumburg
A table of studio rental data trends in Schaumburg
MonthMedian Rent
May 2024$1,818
June 2024$1,813
July 2024$1,807
August 2024$1,844
September 2024$1,875
October 2024$1,937
November 2024$1,960
December 2024$1,923
January 2025$1,831
February 2025$1,842
March 2025$1,898
April 2025$1,883
May 2025$1,899
June 2025$1,909
July 2025$1,864
August 2025$1,864
September 2025$1,872
October 2025$1,889
November 2025$1,817
December 2025$1,799
January 2026$1,852
February 2026$1,829
March 2026$1,864
April 2026$1,856
May 2026$1,837

Affordability calculator

Can I afford to live at 700 E Algonquin Rd?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$92,440/yr

With your selected rent-to-income ratio, you'd ideally want to make $92,440 annually to afford this 1-bedroom monthly rent price of $2,311.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 700 E Algonquin Rd, Schaumburg, IL.
Last month$2,3411 bed1 bath
Last month$2,3451 bed1 bath
Last month$1,9871 bed1 bath
Last month$2,5481 bed1 bath
2 months ago$2,8612 bed2 bath
3 months ago$1,9291 bed1 bath
3 months ago$1,9321 bed1 bath
3 months ago$1,9861 bed1 bath
4 months ago$1,8271 bed1 bath

Schools near 700 E Algonquin Rd #2312

Hunting Ridge Elementary School

1105 w illinois ave

palatine, IL, 60067

K-6Public
A

Community Child Care Center of Palatine Township

721 south quentin rd

palatine, IL, 60067

PKPublic

District 54 Early Learning Center

520 e schaumburg rd

schaumburg, IL, 60194

PKPublic

Marletta Darnall Schaumburg Child & Family Center

725 east schaumburg rd

schaumburg, IL, 60194

PKPublic

The Early Learning Center

1900 w lonnquist blvd

mt prospect, IL, 60056

PKPublic
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Getting around Schaumburg near 700 E Algonquin Rd

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 700 E Algonquin Rd, Schaumburg

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

2/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

6/10
Some bars within walking distance

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